Mega Banks collect billions of dollars each year in checking account fees. Avoiding financial fees can be difficult for anyone. There are a number of different ways that banks like to charge fees. It’s important to be aware of your bank’s fees and how they work. Here are five bank fees to watch out for
Are you looking for a new checking account, and feeling overwhelmed by all of the options? It’s safe to say you’re not alone. There are more account providers today than ever before. For example T-Mobile now offers a bank account. There are rumors that Amazon will be the next major brand to offer its own
There are few things in life more annoying than paying a bank penalty or fee. If you have a checking account with one of the nation’s mega banks, it’s safe to say you already knew that. Last year the largest banks in the U.S. collected over 11 billion dollars from overdraft related fees alone according
There are few things more annoying than paying a monthly fee just to have a checking account. Unfortunately in 2019 monthly fees have increased yet again, which is continuing an upward trend according to MoneyRates latest survey. All types of checking account fees should try to be dodged, but monthly service fees are crucial to
Consumer loyalty to one bank is not what it used to be. One of the main reasons for this is a four letter word that starts with F. FEES… These days choosing the wrong financial institution can cost you hundreds a year in fees. Checking accounts offered by mega banks have increased most fees in
The act of switching to a new bank or credit union has traditionally been anything but easy. Technology is changing the standard and is making it less difficult to start a new relationship with a financial institution. Digital account opening combined with services like clickswitch are leading the way to help consumers redirect their automatic
It’s hard to predict when an unexpected cost is going to pop up without warning. Whether it’s a home repair or a surprise medical bill it’s always better to be prepared ahead of time. There are a number of ways an emergency fund can help you financially. Here are just a few that are important
It’s that time of year again when resolutions are made by many of us with good intentions. Instead of making another claim to hit the gym more try a resolution that you will actually see through. Get your finances back in shape! By being a little more responsible you can get your spending under control.
The shopping season is in full swing and great “deals” can be found pretty easily. Consumers are expected to spend 5% more in retail shopping than they did last year according to Forbes. Spending money comes easy to most Americans, but when it comes to saving it many are struggling. A recent survey by CFSI
Some of the largest and most used banks in the United States continue to use confusing terms, lengthy disclosures, and even fraud to collect fees. Recent tactics like those of Wells Fargo opening accounts without their customer’s consent adds fuel to the fire that burns for the hatred of fees. A recent study from NerdWallet found just how much consumers underestimate
